At a Glance
- Tasks: Ensure accurate syndicate reporting and collaborate with cross-functional teams.
- Company: Global insurance firm with a collaborative culture focused on value creation.
- Benefits: Hybrid work schedule, competitive pay, and opportunities for professional growth.
- Other info: Join a team that values collaboration and offers excellent career advancement.
- Why this job: Influence financial accuracy in a dynamic environment while working with industry experts.
- Qualifications: Degree in Accounting or Finance; ACA, ACCA, CIMA qualified or progressing.
The predicted salary is between 40500 - 49500 £ per year.
As a Senior Syndicate Accountant, you will ensure accurate and timely syndicate group and regulatory reporting, supporting related legal entities. You will operate in a hybrid London-based role, applying Lloyd’s knowledge, US GAAP and UK GAAP reporting, and strong controls. You will collaborate with cross-functional teams to enhance processes, contribute to audits, and support ad-hoc projects that drive financial accuracy and efficiency. This is a chance to influence syndicate reporting in a global insurance firm with a culture focused on collaboration and value creation.
Pay / Benefits
- hybrid schedule (two days remote per week)
Responsibilities
- Assist general ledger close for the Syndicate and related entities under US GAAP and UK GAAP
- Identify and implement process improvements to boost efficiency and accuracy
- Maintain controls over general ledger balances and perform reconciliations
- Collaborate with IT, Underwriting, Claims, Credit Control, and Reinsurance to support finance processes
- Support the XLPro interface for ceded results into the general ledger and post results for Group reinsurers
- Contribute to ad-hoc projects and evolving priorities
- Partner with FP A, Tax, Actuarial, Treasury, and Group Head Office for analysis and reporting
- Participate in audits and provide documentation and explanations
- Support Finance and Syndicate Reporting teams to maintain a collaborative environment
Key requirements
- Academic foundation in Accounting, Finance, or related field
- Qualified in ACA, ACCA, CIMA or equivalent or actively progressing towards
- Deep knowledge of Lloyd’s market, including Xchanging and LCA processes
- Experience partnering with underwriting and claims teams
- Accuracy and attention to detail; proficient in Microsoft Office; strong stakeholder engagement
- Self-motivated; able to work independently and collaboratively
- Desirable: Oracle ERP exposure, CMR, MDC, Lloyd’s/FCA/PRA reporting requirements
- Accuracy and attention to detail
- Effective communication
- Collaborative mindset
- US GAAP and UK GAAP reporting
- Lloyd’s market knowledge
- XLPro interface
Syndicate Accountant employer: Everest Re Group
Everest Advisors is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide ample opportunities for professional development and mentorship, particularly for those in the Senior Energy & Construction Underwriter role. Our inclusive culture, rooted in shared values, ensures that every team member feels valued and empowered to contribute to meaningful projects that impact communities globally.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Everest Re Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Syndicate Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Everest Re Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Everest Re Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Everest Re Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Everest Re Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Everest Re Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Everest Re Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
